12 °c
London
Sunday, December 3, 2023
No Result
View All Result
FurtherAfrica
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About
FurtherAfrica
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About
No Result
View All Result
FurtherAfrica
No Result
View All Result
Home Africa

Africa of the future: Rwanda is building Africa’s very own Silicon Valley

Mark-Anthony Johnson by Mark-Anthony Johnson
November 23, 2020
in Africa, Development, Economy, Rwanda, Tech
Reading Time: 1 min read
0 0
0
Africa of the future: Rwanda is building Africa’s very own Silicon Valley

In case you did not know, Rwanda is building Africa’s very own Silicon Valley, called Kigali Innovation City (KIC). Twenty-five years ago, Rwanda was in the middle of a violent civil war. Now it is building a US$420M innovation park in the capital, Kigali, which it hopes will transform the country into east Africa’s tech and business hub.

Kigali Innovation City (KIC) is the government’s flagship programme to create a hi-tech ecosystem centred around innovation and talent. The government – led by Paul Kagame – wants to accelerate Rwanda’s transition to a knowledge-based economy. To this end, it is modelling itself on the southeast Asian city-state of Singapore.

Also read: Rwanda ranked 11th in Mo Ibrahim Governance Index 2020

Rwanda has come a long way since the civil war ended in 1994, having claimed between 500,000 and 1.07 million lives. According to the IMF, in 2019 it had a US$10.2B economy and a population of 12.3 million people (around 1.1 million people live in Kigali). The economy expanded at 10% last year – one of the fastest rates in the world, according to the IMF. On average, the gross domestic product grew by 7.1% a year between 2010 and 2018. The IMF is now forecasting 3.5% growth this year and 6.6% next year.

https://lnkd.in/eR_uPSq

Related

Tags: Africa of the future: Rwanda is building Africa’s very own Silicon ValleyAfrican technologyFeatureKigali Innovation CityMark-Anthony JohnsonPaul KagameRwandaSilicon Valleytech hubtechnologyруандаروانداルワンダ卢旺达
Mark-Anthony Johnson

Mark-Anthony Johnson

MARK-ANTHONY JOHNSON is the founder and CEO of JIC Holdings, an innovative private holding company established in 2009 which he has built into an international asset and investment management company with offices, associates and investments around the globe. This followed the success of the JIC Group which he founded in 1985. He was educated in the UK at Mill Hill School and then achieved a BA (Hons) in Business and International Finance at University of Westminster. Mark-Anthony’s vision has long been towards emerging and frontier markets with particular emphasis on Africa, Latin America and the Caribbean and his philosophy can be summed up in the phrase “knowledge is power”. Mark-Anthony is also enthusiastic about the latest communication tools, which he uses intensively to keep in touch with up to the minute data. With a deep-rooted connection to the African continent, Mark-Anthony has been passionate about developments in Africa for over 30 years. He has worldwide interests in mining, infrastructure, power, electricity, shipping, commodities, agriculture and fisheries and is currently looking to develop farms across Africa. Mark-Anthony has a vision for a future Africa as the breadbasket of the world. For many years Mark-Anthony has been active on the ground in Africa through his charitable foundation, the Johnson Foundation. Created in 1989, it first provided assistance to people in his ancestral home country, Sierra Leone, even before the civil war. Once the war started, his aid was even more necessary and became focussed on Mark-Anthony’s major concerns for Africa -education, clean water and medical assistance. Over the years, the Foundation’s work has been extended into many parts of Sub-Saharan Africa and has been instrumental in setting up new clinics and rehabilitating villages, schools, places of worship, water facilities etc.

Related Posts

COP 28

COP28: unmasking greenwashing in Africa and the challenge for sustainable development

by The Exchange
December 3, 2023
COP 28

COP 28: The developed world’s broken promises – How can Africa finance energy transition? – NJ Ayuk

by Rafael Carvalho
December 3, 2023
Weekend

Top night clubs in Dar es Salaam

by FurtherAfrica
December 3, 2023
Energy

Galp kicks off PEL 83 drilling in Namibia

by Energy Capital & Power
December 2, 2023
Trade

ITC and TRAIDE Foundation promote direct Dutch-Ethiopian coffee trade

by Fabio Scala
December 2, 2023
Mozambique eVisa
 
MozParks

Translate this page

Read the Latest

COP 28

COP28: unmasking greenwashing in Africa and the challenge for sustainable development

by The Exchange
December 3, 2023
0

As COP28 unfolds with its myriad discussions and commitments, a less visible but equally critical issue looms on another continent...

Read more

COP 28: The developed world’s broken promises – How can Africa finance energy transition? – NJ Ayuk

December 3, 2023

Top night clubs in Dar es Salaam

December 3, 2023

Galp kicks off PEL 83 drilling in Namibia

December 2, 2023

ITC and TRAIDE Foundation promote direct Dutch-Ethiopian coffee trade

December 2, 2023

FurtherAfrica Partners Network

The Exchange Farmers Review Africa 360 Mozambique
TechGist Africa Energy Capital & Power Club of Mozambique
Taarifa Rwanda Web3Africa See Africa Today
Africa Global Funds Novafrica CrudeMix Africa
Harambee Africa Botswana unplugged Financial Insights Zambia
O Económico Digilogic Africa  

Subscribe to FurtherAfrica

Enter your email address to receive new articles on your email.

Join 107.2K other subscribers
FurtherAfrica

© 2021 FurtherMarkets

FurtherAfrica is a FurtherMarkets Limited platform

  • Countries
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About

Follow Us

No Result
View All Result
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About

© 2021 FurtherMarkets

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?